In the past rent reviews were a natural consequence of holding a lease. With
the advent of shorter duration leases, large increases are less common with
rents becoming more stable.
Our approach in establishing a rent in line with your property is to inquire
with local and regional retailers with premises in your area in order to get
a feel for the current passing rents for a particular property size and location.
This is not as onerous a task as you may think given that your neighbouring
retailers also want to keep abreast of what is being charged so that when
their rent review comes up they too, are well prepared and less likely to
be pressurised into accepting the landlords first offer.
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